Adani Green, Adani Enterprises, Adani Ports shares rally up to 13%. Here are 3 reasons behind Rs 1 lakh crore surge

Adani Group stocks surged significantly on Wednesday. This rally followed Gautam Adani’s move to dismiss a US Securities and Exchange Commission civil fraud case. The US District Court granted Adani’s request for a pre-motion conference. Adani Green Energy shares saw a substantial jump, boosted by a target price upgrade from Macquarie. Adani Ports also benefited from easing geopolitical tensions.